Wealth Of World's 5 Richest Men Swelled By $14 Million Per Hour: Oxfam

Credit: Zee News- Published on January 16, 2024
Releasing its annual inequality report on the first day of the World Economic Forum (WEF) Annual Meeting here, Oxfam said seven of 10 of the world's biggest corporations have a billionaire as a CEO, or principal shareholder.

Video credit: AFP English
Published on January 15, 2024 -  01:21
World's richest five men double fortune since 2020, says Oxfam
The world's wealthiest five men have more than doubled their fortune since 2020, the charity Oxfam says, as it calls on nations to resist the ultra-rich's influence over tax policy. A report from the charity, published as the global elite hobnob at the World Economic Forum (WEF) in Davos this week, said their wealth rose from $405 billion in 2020 to $869 billion last year.

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Oxfam said seven of 10 of the world's biggest corporations have a billionaire as a CEO, or principal shareholder.
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